Tuesday blog

Today our Israeli drug stocks rose because the apparent success of the country's huge inoculation effort seems to have reversed. So even Teva is up along with small cap stocks like Compugen, up 5.5%, Bioline, up 3.6%. and Cerus, up 6.1%. However Theravance stock crashed to $10, I know not why. Also up is Esperion by 4.9%, Aurinia by 5.05%, and Enlivex by 3.6%. 

Despite getting an order for its monoclonal antibody covid19 treatment for Australia, sotrovimab, Glaxo fell .55% today in Britain from where I am writing.

The big news today is that our Cosan, stock of the year, is transforming itself into an investment fund which will involve sale of its Sao Luis port by the Chinese 

authorities of China Communications, its partner. And Cosan will take a share in Paulo Brito's Aura Minerals, ARMZF, to mine for iron ore in an existing site and

also in 3 mineral projects in Para state. Our CSAN will pay $34 mn to the Chinese to exit Sao Luis which is coming from Brito.

Aberdeen Asia Pacific fund is at a 17.32 % discount from NAV according to a release yesterday, incredibly cheap.

Antofagasta, which I did not sell on Richard's advice, is up 5.7% today.  His idea about ALB which I did follow gained 3.76%.

Gold is up and our Kirkland Lake miner is up 4.7%.

Oil is definitely doing better and our UUUU rose 6.62% BP gained 3.6% and Royal Dutch Shell B 3.05%. Plug Power is up 5.3%. Schlumberger Ltd gained 4.53%.

Canadian Solar, CSIQ, rose 5.4% on oil and Chinese optimism.

My sales of half my NIO was not a good idea as it is up 6.6% My sale of most of my HMLP-A over its parent taking on its LNG charters has resulted in a run by law firms against the Norway parent which has boosted HMLP-A by 6.64%. I am unsure about the US rules applying in Norway and only hold one lot to keep an eye on things.

Investor of Sweden rose 6% today. IVSBF gains from a fall in the greenback.

My new Deere shares are up 3.3%.

Bimbo, the global bakery from Mexico, is up 6.52% hile Orbia (MXCHY) fell 23% on news that it will get into agriculture, building, and infrastructure big time. It also named James P. Kelly as its new CFO. Both these Mexican extreme moves are overdone but that's how Mexico's bolsa works.

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